High-Grade Gold Hits up to 6m @ 10.2 g/t Au, Mt Dimer Tapian

Open PDF
Stock Everest Metals Corporation Ltd (EMC.ASX)
Release Time 18 Dec 2025, 8:17 a.m.
Price Sensitive Yes
 High-Grade Gold Hits up to 6m @ 10.2 g/t Au, Mt Dimer Tapian
Key Points
  • RC drilling confirms high-grade gold mineralisation remains open along northern and southern strike extensions
  • Significant intersections include 6m at 10.2 g/t Au, 3m at 4.8 g/t Au, and 4m at 4.5 g/t Au
  • Drilling through historical heap leach pads identified potential for recoverable gold from previously mined and crushed material
Full Summary

Everest Metals Corporation Ltd (ASX: EMC) is pleased to announce positive results from its recent Reverse Circulation (RC) drilling program at the 100% owned Mt Dimer Tapian Gold Project. The program successfully targeted southern and northern strike extensions of the existing Inferred Mineral Resource at the Mt Dimer Taipan pit, while also assessing residual gold grades in the historical heap leach pad. Significant intersections include 6m at 10.2 g/t Au, 3m at 4.8 g/t Au, and 4m at 4.5 g/t Au, confirming that gold mineralisation remains open along strike. The drilling through the historical heap leach pads also identified potential for recoverable gold from previously mined and crushed material, with sampling returning up to 15.5 g/t Au. These results further de-risk and enhance the pathway to production for the Mt Dimer Tapian Gold Project, which is fully permitted and on track to commence mining operations.

Guidance

The company has a current Inferred Resource of 722kt @ 2.10g/t Au for 48,545 oz of gold and 3.84 g/t Ag for 89,011oz silver at the Mt Dimer Tapian Gold Project.

Outlook

The Mt Dimer Taipan resource remains open to the north and south, with strong potential to extend mineralisation along the southern strike. This presents a significant opportunity to define additional gold and silver resources within the Mt Dimer Taipan project and adjoining tenements.